CONCORD, N.H. (AP) — The New Hampshire Senate is considering a bipartisan bill to double a business tax credit for research and development.

The bill also would make permanent the temporary credit due to expire on July 1, 2015. The state currently caps the total credits allowed at $1 million. This bill would raise the cap to $2 million per fiscal year.

Democratic Gov. Maggie Hassan supports the increase. State Sen. Bob Odell, a Republican from Lempster, is the prime sponsor. The bill has many co-sponsors of both parties.

The Senate holds a hearing on the bill Tuesday morning.

The House holds a hearing Wednesday on a bill to make the $1 million cap permanent.